September 21, 2016 – FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce the acquisition of Groom Energy Solutions LLC by DK Energy. FMI Capital Advisors acted as the exclusive financial advisor to Groom for this transaction.
Over the last decade, Massachusetts based Groom Energy, has forged a reputation as a specialist in energy efficiency. Groom Energy offers optimized solutions to customers who are ready to cut their energy bills and curb their carbon footprint. Clients include regional and national names in the retail, refrigeration, hotel and food-processing industries.
DK Energy US, a subsidiary of the EDF group, is tasked with developing in the United States the business of Dalkia, one of the leading providers of energy services in France. DK Energy US offers its clients tailor-made solutions scaled to fit each building, city, municipality, region and industrial site. DK Energy US rises to the challenge of the energy transition and provides its clients with expertise covering the entire energy chain, from energy supply to optimization of their energy consumption, as well as operation and maintenance of installations. All DK Energy US’s solutions are paired with energy efficiency commitments and long-term performance guarantees.
Jon Guerster, CEO of Groom Energy Solutions: “I am delighted to join EDF and open up real growth opportunities for Groom Energy Solutions employees as part of a group that understands our business, our approach and our view of the market. We share Dalkia’s service culture, which will allow us to reach our full growth potential.”
Jean-Michel Mazalérat, Dalkia Chairman and CEO: “I am particularly proud of this US acquisition, which is further proof of the commitment and hard work of our international business development teams. I would like to wish everyone at Groom Energy Solutions a warm welcome to the group. They will help us develop our solutions in the United States while continuing to innovate in managing the way electricity is used. This is a huge milestone in our international business development, in a key country with strong growth potential where the EDF Group has already established a presence with a workforce of more than 1,600 people.”
About FMI Capital Advisors
FMI Capital Advisors, a subsidiary of FMI Corporation, is a leading investment banking firm exclusively serving companies in Engineering and Construction, Infrastructure and the Built Environment. With over 600 completed transactions, our unique industry focus enables us to provide our clients with unparalleled insight and advice. Clients gain access to our extensive network of industry contacts and relationships, deep market knowledge and technical expertise.
FMI Capital Advisors Contact:
Tim Huckaby – Managing Director
About FMI Corporation
For over 60 years, FMI has been the leading management consulting and investment banking firm dedicated exclusively to engineering and construction, infrastructure and the built environment.
FMI serves all sectors of the engineering and construction, infrastructure and built environment industries as a trusted advisor. More than six decades of industry context, connections and leading insights result in transformational outcomes for our clients and the industry.
FMI helps you build your foundation for tomorrow and optimize your business for today. Industry Focus. Powerful Results.
Dave Harrell – Chief Marketing Officer